9 Elms Real Estate

What it actually costs to buy.

Most calculators give you a monthly payment and stop there. In Dubai the transfer fees, agency commission and bank charges add roughly 7% on top of your deposit — so we show you the cash you need on the day, not just the instalment.

AED
%
AED
Monthly paymentAED 10,33725 years at 4.19%
Cash needed on the day
DepositAED 480,000
DLD transfer feeAED 96,000
DLD adminAED 580
Mortgage registrationAED 5,090
Trustee officeAED 4,000
Title deedAED 250
Agency feeAED 48,000
Bank arrangementAED 19,200
ValuationAED 3,000
VAT on service feesAED 3,510
Total cash requiredAED 659,630
Indicative figures only. This is not a mortgage offer, a valuation, or financial advice. Actual rates, eligibility and fees are set by the lender and depend on your circumstances. 9 Elms is a brokerage, not a mortgage broker or lender — speak to a licensed advisor before committing.
Assumptions

Where these numbers come from.

Borrowing limits

Set by the UAE Central Bank and applied by every bank. Individual banks may lend less, never more.

First property
Resident expat — under AED 5M80%
Resident expat — over AED 5M70%
UAE / GCC national — under AED 5M85%
UAE / GCC national — over AED 5M75%
Non-resident65%
Second or subsequent property
Resident expat — any value60%
UAE / GCC national — any value65%
Non-resident — any value60%
Off-plan — overrides everything above
Any buyer50%

A second or subsequent property is fully mortgageable — the cap is simply lower and does not vary with price. Debt burden ratio is capped at 50% of gross monthly income including existing commitments, which in practice is the binding constraint for most portfolio buyers. Many banks limit non-residents further, to 50–60%.

Purchase costs

Dubai transaction costs. These are the ones buyers routinely forget to budget for.

DLD transfer fee4% of price
DLD admin feeAED 580
Mortgage registration0.25% of loan
Trustee office feeAED 4,000
Title deed issuanceAED 250
Agency fee2% of price + VAT
Bank arrangement fee1% of loan + VAT
ValuationAED 3,000

VAT at 5% applies to service fees, not to government charges.

Next step

Know the number? Let’s find the property.

Tell us the budget you have modelled and we will send what is available — including off-market stock that is not on the portals.